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Message: REASON #7

REASON #7

posted on Dec 09, 2008 08:49AM

REASONS TO INVEST IN TYHEE

REASON #7

"Tyhee's Board of Directors and management combined, have had major roles in bringing over a DOZEN mines into production."

And to further elaborate on their considerable accomplishments,

Roger Sylvestre was a director of, and Dave Webb a consultant to (and later president) Mongolia Gold when they built the Bumbat Mine in Mongolia. (Unfortunately, the government expropriated the production and took over the mine).

(Incidentally, the sarcastic reference by a poster on the Stockhouse site to the “world class” mine under discussion in Mongolia refers to the Boroo Mine. This mine was forecast to produce 180,000 ounces of gold per year at a cash cost of US$160 per ounce. In 2007 it produced 255,000 ounces of gold at a cash cost of US$244 per ounce. Pretty damn good.)

Dave Webb owned the small Mon Mine, and operated during construction in the NWT (privately).

Dave also wrote the qualifying report for Fortune Minerals Limited for their acquisition of the Nico Project in the NWT (an advanced stage IOCG project [post feasibility] at the permitting stage.) This was the first report to recognize the bulk-mineable potential of the property.

Lorne Anderson was CFO of Glamis Gold when they built the Glamis Mine, Rand mine and acquired and expanded the Marigold and Pinsent Mines

Bill Burton was a senior engineer, engineering manager, mine manager, manager of mining, of Echo Bay Mines when they built:

Contact Lake Mine (Port Radium)

Lupin Mine

McCoy Mine

Cove Mine

Kettle River

Round Mountain

Or significantly expanded the Alaska Juneau Mine

Bill also was (and is) COO of Western Canadian Coal when they built the three mines of the Wolverine Project

Hugh Wilson and Denis Taschuk were part of Echo Bay Mines.

Doug Levesque and Rod McKay were involved and managed the Seabee and developed the Santoy Mines for Claude Resources

Cheers,

B.

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